VAR MOV Heiken Ashi System – this system works 70% of the time (good RR) on ANY TF, M5 and above. You can use this system to scalp on M5 and M15 TFs, but the best time frame is H4.
- Time Frame: M5 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, and GBPJPY
- VAR MOV
- Heiken Ashi MA T3
- Moving Average
- Commodity Channel Index
- Download “TraderVersity.Com-VARMOVHeikenAshiSystem” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-VARMOVHeikenAshiSystem.tpl” file (template) to your Metatrader Directory …/templates /
- Start or restart your Meta Trader Client.
- Select Chart and Time frame where you want to test your Forex system.
- Right-click on your trading chart and hover on “Template”.
- Move right to select “TraderVersity.Com-VARMOVHeikenAshiSystem” trading system and strategy
- You will see “Forex VAR MOV Heiken Ashi System” is available on your Chart
- VAR MOV: lime color
- Heiken Ashi MA T3: blue candle
- Moving Average: 5 SMA > 10 SMA
- IDT1: blue arrow
- Commodity Channel Index: line above 50 level
- VAR MOV: magenta color
- Heiken Ashi MA T3: red candle
- Moving Average: 5 SMA < 10 SMA
- IDT1: red arrow
- Commodity Channel Index: line below -50 level
Take Profit and Stop Loss – intraday swings usually need a 75pip SL at least, and 2% MM.
Best Risk Reward Ratio 1:2 or 1:3
Use a demo account or a small live account first to practice this trading system
Remember, this is not only a game of making money, it’s a game of STAYING IN the market for a long period of time!